If it is such a successful strategy, why doesn't everybody do it?
Subsidise industries?
Everyone does.
China funds it upfront, while the US does it after the spending and calls it a bail-out, or a "government contract"
It's often not a successful strategy.
If your product sells like made at a subsidized price, but not at the unsubsidized price, it's not a real business.
Subsidise industries?
Everyone does.
China funds it upfront, while the US does it after the spending and calls it a bail-out, or a "government contract"
It's often not a successful strategy.
If your product sells like made at a subsidized price, but not at the unsubsidized price, it's not a real business.